Homepreneur is a made up name that doesn’t exist in Wikipedia, yet there are 2.9 million Homepreneurs currently contributing 300bn to the UK economy. Impressive numbers when you stop and think about it.
Not only do we (Homepreneurs) spend 40bn in the local economies in which we live, mine at Costa, we earn more per hour than those with “proper” jobs. We must be saving the environment too as we’re not commuting. What’s not to like?
1 in 7 of the UK’s working population is Self employed the highest % registered at any point in the past 40 years.
Why are we motivated to start from home?
A lifelong ambition to turn a passion (hobby) into a business.
An opportunity in the market and to be your own boss.
Dissatisfied with your current job.
Unable to get back into the workplace due to injury or disability.
Want to spend more time with family & friends.
Invest in your future – (pension/retirement fund issues).
The most popular sectors for home businesses are:
Other Surprising facts about becoming a Homepreneur:
You don’t have to have a Product or an Idea to start a business, there is something out there whereby you sell products on other peoples/companies behalf to earn a commission.
Over 60% of New UK businesses are started at home.
Of the newbie Homepreneurs 64% are women and of these 72% are not mothers – dispelling the myth of the rise of the “stay at home mompreneurs” (mum in the UK) and yes mompreneur appears in Wikipedia.
Of these women, nearly 70% have never been in business before.
The age range – it’s 45-54yrs, (over 30%) the older generation is getting in on the act and I suspect because of the financial impact (Pension fund crisis/economic bust during 2008-2013)
Do you fall into one of these categories?
I fell into most of these categories, the main one – unable to do my job due to the huge amount of stress it put me under.